MakerDAO's Quest for 'The One, True DAI' Drives Development of New Feature
Maker Teleport will make it possible to instantaneously move DAI directly between select Layer 2 networks.
MakerDAO Jolts its Members with Bold Governance Proposals
Storied DeFi Player Struggles to Balance Growth and Decentralization
Proposal Aims to Shake up MakerDAO's Tokenomics and Light a Fire Under MKR
A new proposal takes aim at the disparity between MKR and DAI.
Maker Foundation Transfers Funds to DAO in Decentralization Push
The Maker Foundation is sending 84K MKR tokens, worth $512M at the time of writing, to its DAO’s Treasury. The move is a major step towards further decentralizing the protocol. MKR holders will now decide via governance how the 84K tokens will be spent. Tokenholder governance will also oversee employees who were previously supported by…
Maker Stability Fee Increase May Boost MKR Price
MakerDAO has casually reintroduced stability fees for the ~$900M worth of DAI now in circulation. Maker’s MKR holders voted to raise the protocol’s stability fee – similar to interest rates for Dai borrowers – to 2% for ETH collateral from 0%, the highest since January. The reintroduction of stability fees sets Maker on track to…